Showing 1 - 10 of 72
Low-income countries are being hit hard by the global financial crisis. They are facing a sharp contraction in export growth, FDI inflows, and remittances, and lower-than-committed aid. But a marked recovery is in prospect for 2010 helped by rising world demand and supported by short-term...
Persistent link: https://www.econbiz.de/10014410027
The outlook for Low-Income Countries (LICs) is gradually improving, but they face persistent macroeconomic vulnerabilities, including liquidity challenges due to high debt service. There is significant heterogeneity among LICs: the poorest and most fragile countries have faced deep scarring from...
Persistent link: https://www.econbiz.de/10015058535
This paper is the fifth in a series that examines macroeconomic developments and prospects in low-income developing countries (LIDCs). LIDCs are a group of 59 IMF member countries primarily defined by income per capita below a threshold level. LIDCs contain one fifth of the world's...
Persistent link: https://www.econbiz.de/10014407873
This paper proposes a package of policy reforms and a funding strategy to ensure that the Fund has the capacity to respond flexibly to LICs' needs during the pandemic and recovery. The key policy reforms proposed include: -- raising the normal annual/cumulative limits on access to PRGT resources...
Persistent link: https://www.econbiz.de/10014410832
Persistent link: https://www.econbiz.de/10011393817
This paper reviews economic developments in Barbados during the 1990s. Economic activity declined during 1990-92 but began to recover in 1993. The recovery started slowly in 1993, but picked up in 1994, and real GDP grew by 3.8 percent in that year. Adverse weather in 1994 led to a drop in sugar...
Persistent link: https://www.econbiz.de/10014396144
This paper examines the implications of elevated global food prices for inflation in select Central Asian economies - Kazakhstan, the Kyrgyz Republic, Tajikistan, and Uzbekistan. The findings suggest that global food inflation has significant short-run effects that build over time. Inflation...
Persistent link: https://www.econbiz.de/10014396909
At the request of the Italian Presidency of the G7, the IMF has prepared a paper on gender-budgeting as a contribution … to the G7 initiative on equality. The paper provides an overview of gender-responsive budgeting concepts and practices in … the G7 countries. It summarizes recent trends in gender equality in G7 and advanced countries, noting that while equality …
Persistent link: https://www.econbiz.de/10014408683
The modern economy of the Republic of Djibouti is based on rents directly or indirectly originating from the international port of Djibouti and from the country’s strategic position. The Poverty Reduction Strategy Paper discusses that the growth recorded over the last five years is...
Persistent link: https://www.econbiz.de/10011244165
This Poverty Reduction Strategy Paper for the Kingdom of Lesotho presents a determined plan in pursuance of high and sustainable equity-based economic growth. It contains medium-term objectives and strategies to address the major challenges facing the country. These challenges include employment...
Persistent link: https://www.econbiz.de/10011244168